Alternatives and Resources
13 bankruptcies differ from chapter 7 bankruptcies in one basic way.
With chapter 7 bankruptcies most of your debts are typically discharged
under chapter 13 some of your debts are reduced and you are required to
go on a
mandatory repayment plan to pay off the balance of your
we are not lawyers and cannot recommend Chapter 13 bankruptcies over
chapter 7 bankruptcies, we can however strongly recommend one thing.
that you consider some of your alternatives to bankruptcy before you
people who are considering chapter 13 bankruptcies already have poor
cannot even begin to pay back their debts. These type of people are
candidates for a debt settlement service who can typically save you 50%
75% of your debts and get you completely out of debt in 2 to 3 years.
best part is that you avoid bankruptcy.
is one of the top debt settlement companies that we recommend to our
along with some information on their program.
13 bankruptcies (and
chapter 7) will stay on your credit report for 10 years. Debt
services can help you avoid bankruptcy altogether.
some people bankruptcy
is a viable alternative. In this instance you should consult with an
attorney. Don't know where to find one? We recommend this free
resource for obtaining free consultations from several
lawyers before you proceed.
Return from Chapter 13
Debt Elimination Guide
elimination guide.com 2003